CHINA

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China considers Seychelles port offer, denies base plan

China will consider turning to the Seychelles as a resupply port for navy ships taking part in anti-piracy operations off Africa, official media said, rejecting suggestions this would amount to a military base that could unsettle the region.

Nokia Siemens to ramp down Iran operations

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The world No. 2 mobile telecom equipment maker Nokia Siemens Networks will start to gradually ramp down its business in Iran, pressured by tightening international sanctions.
Rescuers inspect a school bus after it collided with a truck at a traffic accident site in Yulinzi township of Zhengning county

15 Chinese Children Killed in School Bus Crash

The latest in a string of deadly crashes involving children, a school bus taking primary students home slipped off a country road into an irrigation ditch in eastern China, killing 15 children and wounding eight others, officials said.
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Grasberg mine

End of Grasberg Strike Imminent - Report

Freeport McMoRan Copper & Gold Inc and its Indonesian workers' union expect to sign a pay deal on Tuesday to end a three-month strike that has crippled production at the world's second-biggest copper mine, two sources told Reuters.
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Price fixing or good manners? Jury might decide

As the Department of Justice gears up for a rare criminal trial against a publicly traded company, the Taiwanese defendant wants to argue that prosecutors just don't get Asian business culture.
Gold

Gold in Demand Due to Bullion Price Drop

A sharp drop in bullion prices prompted some buying interest on Asia's physical market, but many remained reluctant to purchase large quantities as the year end approaches and the eurozone debt crisis threatens to further sink prices.
Syria elections assad

Death Toll in Syria Tops 5,000: U.N.

More than 5,000 people have been killed in nine months of unrest in Syria, the U.N. human rights chief said, as an insurgency begins to overshadow what had been mostly peaceful protests against President Bashar al-Assad.
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Exclusive: Freeport Indonesia union to sign deal to end

Freeport McMoRan Copper & Gold Inc and its Indonesian workers' union expect to sign a pay deal on Tuesday to end a three-month strike that has crippled production at the world's second-biggest copper mine, two sources told Reuters.
Greenpeace activists hold a mock party opposite the venue where the United Nations Climate Change Conference (COP17) is being held, in Durban December 10, 2011.

Durban deal may do little to cool heating planet

The world is forecast to grow hotter, sea levels to rise, intense weather to wreak even more destruction and the new deal struck by governments in Durban to cut greenhouse gas emissions will do little to lessen that damage.

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